Accounting Today

DECEMBER 15, 2022

Tax 111

Tax Finance 111

RogerRossmeisl

DECEMBER 15, 2022

As posted to IRS.gov as Tax Tip 2022-117 on 8/2/2022 A business might pay an independent contractor and an employee for the same or similar work, but there are key legal differences between the two. It is critical for business owners to correctly determine whether the people providing services are employees or independent contractors. An employee is generally considered anyone who performs services, if the business can control what will be done and how it will be done.

CPA 236

CPA Legal Tax cpa firm 236

MyIRSRelief

DECEMBER 15, 2022

How to fix my messy back-years accounting for my Los Angeles, CA business? If you have messy books for many back years of accounting, it can be overwhelming to try to organize and clean them up. Here are some steps you can take to tackle the task: Take an inventory: First, make a list of all the records you have, including bank/credit card statements, invoices, receipts, and other documents.

tax accountant 130

tax accountant Tax tax preparation accounted 130

BurklandAssociates

DECEMBER 15, 2022

Startups that leverage real-time data for forward-looking Financial Planning & Analysis gain a powerful competitive advantage in the market. The post How FP&A Helps Startups Leverage Real-Time Data to Scale Smarter appeared first on Burkland.

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Advertiser: Paycor

Mid-year performance reviews aren’t just boxes for HR to check. Paycor’s toolkit empowers leaders to: Identify high-potential team members. Boost engagement with meaningful feedback. Support struggling employees. Nurture top talent to drive results. Learn how to ignite employee potential through meaningful feedback. When you nurture top talent, everybody wins.

TaxConnex

DECEMBER 15, 2022

Looking to find out more about TaxConnex? What better way than hearing from our founders and partners? Learn from the best by hearing from the ones that built TaxConnex. Over the next few months, we will be highlighting the Partners of TaxConnex. Next up, our CRO, Brian Greer. Gain insight into Brian's career and his plans for our future as well as how sales tax has evolved over the years.

Sales 130

Sales Tax tax services Start-ups 130

Intuitive Accountant

DECEMBER 15, 2022

The scholarships will focus on a wide variety of programs for graduate and undergraduate students and people seeking to become accounting educators. Check out the details here.

CPA 116

CPA Education accounted Account 116

Intuitive Accountant

DECEMBER 15, 2022

When it comes to what it takes to be a Top 100 ProAdvisor, Murph says Matt Fulton set-down the quintessential "right stuff" in his 2021 article. Why mess with perfection when we can simply revisit his wisdom.

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111

Accounting Today

DECEMBER 15, 2022

Tax 105

Tax tax preparation 105

Intuitive Accountant

DECEMBER 15, 2022

The IRS is recruiting volunteers nationwide to help taxpayers the 2023 filing season.

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Patriot Software

DECEMBER 15, 2022

Arizona employers, you may know that Senate Bill 1828 substantially reduced the state’s income taxes starting with the 2022 tax year. But did you also know that it requires employer action for the 2023 tax year? You must now give all employees—not just new hires—a new AZ state income tax form. Read on to learn […] READ MORE.

income tax 98

income tax Arizona Tax payroll tax 98

Speaker: Victor C. Barnes, CPA, MBA

In the climb from contributor to leader, the rules quietly change. But if you’re aiming for the summit, the air gets thinner, and what got you here won’t be enough to get you to the top. 🗻 What made you successful early in your finance career—technical accuracy, sharp analysis, flawless execution—won’t be what carries you to the next level. The higher you go, the more your effectiveness depends on how you connect, adapt, and communicate.

Account

ThomsonReuters

DECEMBER 15, 2022

QUESTION: Everybody in the employee benefits field uses acronyms like ADA, MSP, and PHI. What do these and other employee benefits acronyms stand for? ANSWER: Here’s an explanatory list of common acronyms primarily used in our COBRA, HIPAA, and Group Health Plan Mandates manuals. (Last week’s Checkpoint Question of the Week included acronyms primarily used in our ERISA Compliance, Self-Insured Health Plans, Cafeteria Plans, Consumer-Driven Health Care, and Fringe Benefits manuals, and in nex

Tax 98

Tax accounted Account accountant 98

Patriot Software

DECEMBER 15, 2022

Withholding federal income tax from employee wages is a necessary (but tricky) part of running payroll. There is no standard amount you withhold from employee wages for federal income taxes. Instead, tax amounts are determined by factors like pay, Form W-4 withholding information, and filing status. But, what is filing status? You need to have […] READ MORE.

payroll 98

payroll income tax Tax payroll tax 98

Accounting Today

DECEMBER 15, 2022

Technology 98

Technology Tax 98

Patriot Software

DECEMBER 15, 2022

People are budgeting more than ever—86% of Americans, to be exact. And they’re budgeting for a good reason. Eighty-five percent of people said budgeting helped them get out or stay out of debt. Whether you’re a budgeter in your personal life or not, one thing’s for certain: Budgeting for your business is a must. Like […] READ MORE.

accountant 98

accountant accounted Account 98

Speaker: Kim Beynon, CPA, CGMA, PMP

The most overlooked, yet most critical, element of transformation is preparing people for change. Automation and AI aren't just technical upgrades, they’re cultural shifts which can challenge identities. That’s why change management isn’t a side project—it’s the foundation. In finance, where precision and process rule, navigating change can feel especially disruptive.

Finance

ThomsonReuters

DECEMBER 15, 2022

Final Regulations: Information Reporting of Health Insurance Coverage and Other Issues under Sections 5000A, 6055, and 6056, 26 CFR Parts 1 and 301, 87 Fed. Reg. 76569 (Dec. 15, 2022). Available at [link]. The IRS has released final regulations addressing extended deadlines for certain Affordable Care Act (ACA) information reporting requirements. As a reminder, Forms 1094-B and 1095-B are filed by minimum essential coverage providers (insurers, government-sponsored programs, and some self-insur

Tax 98

Tax Legal Government accountant 98

AccountingDepartment

DECEMBER 15, 2022

The year is drawing to a close, setting the stage for a bright 2023. If you own or manage a business of any type or size, it is definitely time to prepare for the transition to the new year, if you haven't already.

accountant 97

accountant accounted Account 97

Intuitive Accountant

DECEMBER 15, 2022

Xero Economist Louise Southall breaks down some of the things you need to do while the economy continues to sort itself out.

accountant 95

accountant accounted Account 95

KROST

DECEMBER 15, 2022

As one annually services their automobile for an oil change and routine maintenance, it is also prudent to review your trust to confirm that your original documents are consistent with your wishes. At a minimum, one should look at the following provisions of their trust to determine if any changes are required: Successor Trustee – Read the full article.

Tax 80

Tax 80

Speaker: Mark Gilham, FCCA, CPP

Finance used to be the function that counted, now it's the one that’s counted on. 📊 For accounting firms, controllers, and finance leaders, expectations are rising faster than headcount. Businesses want agile forecasts, granular analysis, seamless reporting, and smart automation—often without added resources while demanding uncompromised accuracy and compliance.

Finance

Lockstep

DECEMBER 15, 2022

The Lockstep Receivables application is recognized as an “Acumatica-Certified Application” for 2022 updates. Seattle, WA – (December 14, 2022) – Lockstep , the connected accounting network, announced that its software, the award-winning Lockstep Receivables has been validated to work with the latest upgrades and updates of Acumatica, 2022 R2 and R1.

Technology 77

Technology accounts payable accounted Account 77

Withum

DECEMBER 15, 2022

One of the most powerful applications of technology is automation, which allows companies to reduce the time it takes to complete a task, thus freeing up their staff for more rewarding tasks and saving them money. The process can feel overwhelming if you’re thinking about bringing automation into your company. If you’re an owner or manager of a lodging or hotel business, implementing process automation can provide benefits that will result in higher efficiency and reduced costs.

Technology 72

Technology Hospitality Non-Profits Start-ups 72

Going Concern

DECEMBER 15, 2022

In a profession already notorious for burnout, staffing crises continue to wreak havoc on the personal lives of accountants everywhere much to the detriment of firms that refuse to turn down work yet lack the warm bodies to get it done. Grant Thornton has a crazy idea to alleviate at least a little of that. Australian Financial Review reports that GT is trialing a “nine-day fortnight” schedule starting next March without cutting anyone’s pay, so in essence it’s a two-week

accounting firms 64

accounting firms Start-ups accountant accounted 64

Withum

DECEMBER 15, 2022

You live in this technologically forward world, you try to keep up with the latest trends, like trying to learn those new TikTok dances; well, maybe not so much, but you do have this significant business venture with compelling ideas, innovative products and services with no idea where to start sharing it. Do not worry; we got you covered! Gaining the proper exposure for your business is vital to growth and success, and Withum knows where you can begin!

Technology 69

Technology Legal Start-ups 69

Advertiser: Paycor

Great leadership development is the key to sustainable business growth. Are you ready to design an effective program? HR can use Paycor’s framework to: Set achievable goals. Align employee and company needs. Support different learning styles. Empower the next generation of leaders. Invest in your company’s future with a strong leadership development program.

Going Concern

DECEMBER 15, 2022

It was 1985 when Italian-born Carmine Di Sibio joined EY as an auditor, 34 years later he would ascend to global chairman and CEO, a role he continues to occupy today. Soon, he might end up leading the consulting business should the firm’s 13,000 partners vote for a consulting/audit split in a few months. Although details of the split are still being hammered out internally, one important decision has been made.

audit 64

audit auditor Government Tax 64

ThomsonReuters

DECEMBER 15, 2022

What is sustainability auditing ? D ue to increased demand from investors and other stakeholders, and the benefits to be gained from becoming more environmentally responsible, a growing number of companies are incorporating sustainability into their business strategies. . Su stainability refers to a company’s strategy to reduce its negative impact on the environment and overall society. .

audit 59

audit Education Maine Government 59

MineralTree

DECEMBER 15, 2022

In any organization, the accounts payable (AP) department is responsible for handling and processing payments. As a result, it is important that AP teams comply with relevant regulations and standards. Thankfully, an AP automation solution can help keep your business up to date with regulations and maintain compliance by streamlining processes, improving visibility, and reducing risks.

accounts payable 52

accounts payable AP Automation accounted Account 52

Accounting Today

DECEMBER 15, 2022

accounting standards 52

accounting standards accountant accounted Account 52

Speaker: Cheryl J. Muldrew-McMurtry

Distributed finance teams are rewriting how the back-office runs, and attackers are taking notes. Disconnected workflows, process blind spots, and rising cyber threats are more than just growing pains—they’re liabilities. The challenge isn’t just going remote. It’s building resilient systems that protect accuracy, control, and speed across every transaction and touchpoint.

Finance

Anders CPA

DECEMBER 15, 2022

The Inflation Reduction Act of 2022 (IRA) has expanded the 179D deduction and 45L tax credit, adding several new requirements to the tax breaks for energy efficient building and home deductions. To qualify for either tax break, real estate owners must comply with the new guidelines if they want to max out the credit. We cover those updated guidelines below and what benefits real estate owners might expect to see from these expanded tax credits and deductions.

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Real Estate Tax Construction Government 52

Accounting Today

DECEMBER 15, 2022

accountant 52

accountant accounted Account 52

ThomsonReuters

DECEMBER 15, 2022

2022 Form 5500, Schedules, and Instructions. Form 5500 Series. News Release. The DOL, IRS, and PBGC have released the 2022 Form 5500 series, including Form 5500-SF, Schedules, and Instructions. The substantive revisions for 2022 reflect Code and ERISA amendments made by the SECURE Act and were described in a previous agency action (see our Checkpoint article ).

Tax 52

Tax accountant accounted Account 52

Accounting Today

DECEMBER 15, 2022

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Advertiser: Paycor

Before you can achieve success, you have to define it. Objectives and Key Results (OKRs) give you the framework to do just that. Paycor’s free guide includes a step-by-step process leaders can use to work toward – and achieve – their loftiest business goals.